Submissions called for electricity sale inquiry

Local residents have until Friday week to lodge comments for the Upper House inquiry into the sale of New South Wales electricity assets.

The terms of reference include the details of the sale; the impact on current and future electricity prices; competition in the market; the value obtained for New South Wales taxpayers and related matters.

The sale of state owned businesses including Country Energy was announced last month and will net just over three billion dollars.

At the time, the Greens said the state's finances, the environment and households would be far worse off because of the privatisation.

The Upper House inquiry is being chaired by the Reverend Fred Nile MLC and submissions close on January the 14th.